Search found 6 matches

by nickij
Mon May 23, 2011 10:53 pm
Forum: Data Manipulation
Topic: Cumulative Density Function - Probabilities with Probit
Replies: 4
Views: 8158

Re: Cumulative Density Function - Probabilities with Probit

Cheers Glenn! You're a lifesaver
by nickij
Mon May 23, 2011 11:44 am
Forum: Data Manipulation
Topic: Cumulative Density Function - Probabilities with Probit
Replies: 4
Views: 8158

Re: Cumulative Density Function - Probabilities with Probit

Thanks for the help Glenn! Also I was using the NORMDIST command in excel to get my result. Do you compute the @dnorm(-xxxx) in eviews? I am not really an advanced user so just wondering where I should type the command? Is there a similar command in excel? What I have done, as explained above, was t...
by nickij
Sat May 21, 2011 12:13 am
Forum: Data Manipulation
Topic: Cumulative Density Function - Probabilities with Probit
Replies: 4
Views: 8158

Cumulative Density Function - Probabilities with Probit

Hello, I am using a probit model to assess the predictive power on bond term-spreads in relation to real economic activity. I have estimated all the variables etc, and now I wish to construct a probability table which is intended to showcase the probability of a recession given a certain level of th...
by nickij
Fri May 20, 2011 12:26 pm
Forum: Estimation
Topic: Lagging Independent Variables in Probit.
Replies: 5
Views: 5038

Re: Lagging Independent Variables in Probit.

Thanks again for your reply Gareth. Yes, I want a static view of the term-spread (for example 4 quarters ago) and compare it to the current state of the real-economic activity. I just read in my econometrics book (Gujarati & Porter) that if I wanted to lag variables I was supposed to do the (-1)...
by nickij
Fri May 20, 2011 10:09 am
Forum: Estimation
Topic: Lagging Independent Variables in Probit.
Replies: 5
Views: 5038

Re: Lagging Independent Variables in Probit.

1)
Thanks for the quick reply Gareth.

Do you have an intuitive explanation as to why 1) is to be chosen in favor 2)? I have tried searching the net, in addition to looking through relevant econometric litterature without any luck.

-Thanks again
by nickij
Fri May 20, 2011 9:49 am
Forum: Estimation
Topic: Lagging Independent Variables in Probit.
Replies: 5
Views: 5038

Lagging Independent Variables in Probit.

Hello, I am doing a paper on term-spreads (difference in yields of 10 year and 3 month bonds) predictive power on the real-economic activity. I am using a Probit model to assess the probability of a recession. What I want to check is to see the lagged term-spreads predictive power using various lags...

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